Universal-EMI Merger Hinges on FTC Approval

[…]“The major labels are incredibly good at extracting maximum value from whatever they touch, and with only three left, they’ll be able to dictate the terms of the digital marketplace in ways we’ll be feeling for years to come,” said Casey Rae, deputy director of the Future of Music Coalition, a national nonprofit that opposes the deal.

“It’s always been conventional wisdom that if the EU accepted this deal, that the United States would mirror that,” Rae said. “But there’s not really going to be any number of divestitures that will make this a groovy deal.